Press Release

Tinton Falls, NJ, June 28, 2010 --(PR.com)-- Bay Business Advisors of Reston, VA has merged with Calder Associates, Inc. headquartered in Tinton Falls, New Jersey with offices also in Pennsylvania, to create one of the Mid-Atlantic’s leading mergers and acquisitions firm specializing in closely held businesses with revenues from $1,000,000 to $60,000,000.

Calder Associate’s approach of offering both business owners and buyers personal and professional services now extends farther south with the merger of Bay Business Advisors, LLC.

Stephen Wain, President of Calder Associates, stated "This merger results in Calder Associates now being able to serve business owners and buyers in the Mid-Atlantic from the states of New Jersey, Pennsylvania and Delaware south into Washington D.C., Maryland and Virginia. I am also pleased to announce that Richard Stopa Principal of Bay Business Advisors becomes the Managing Partner in the Washington D.C. metro office which is responsible for assisting clients in Washington D.C., Maryland and Virginia. Richard’s experience in handling M&A transactions along with his business ownership over the years and his significant IT Industry experience are a perfect fit to help Calder continue to grow and serve its clients.”

Stopa added, "The M&A transaction and deal making experience, research and marketing which Calder Associates provides greatly benefits sellers who wish to maximize the value of their business when they choose to sell. I’m excited to be able to offer all current clients of Bay Business Advisors access to these quality services. This merger has brought together a wonderful and experienced team of professionals as well as infrastructure from which owners and buyers of businesses will profit.”

Calder Associates’ mission is to help all qualified business owners and buyers achieve their goals of either selling or buying a company in the quickest and most profitable manner. Calder Associates dedicated brokers, staff and network of over 450 M&A and business broker professionals provide worldwide coverage. The company assists clients in developing exit planning approaches, obtaining qualified buyers and sellers, leading negotiations and managing the entire sales process to a successful closing.

Calder Associates possesses special expertise in both the information technology and insurance industry sectors. They maintain affiliations with the International Business Brokers Association, the Mid-Atlantic Business Brokers Association and the M&A Source.